2305 Longview ST # B, Austin TX 78705

Austin, TX 78705 | Longview Terrace

Ed's Opinion of Value

$1,100,000 Ed's Estimate: $1,488,270 $1,615,513
Lowest Comp Recommended List: $910,000 to $920,000 Highest Comp
The comparable sales data (6 recent transactions in LONGVIEW TERRACE) supports an estimated value of $1,488,270. The data suggests a list price between $910,000 and $920,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in LONGVIEW TERRACE, this home would be the most expensive of 7 comparable homes on the market. The 328 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.25 acres versus 0.20 for the typical comp. Buyers in LONGVIEW TERRACE have 7 comparable options right now, with asking prices between $925,000 and $1,699,000. Prices in 78705 have fallen 20.2% over the last 6 months. A similar home at 1704 W 34th ST, Austin TX 78703 carries an adjusted comparable value of $1,594,278, providing a strong data point. The strength of this estimate comes from 6 directly comparable sales in LONGVIEW TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group
2 Beds
2 Baths
2,690 Sq Ft
0.254 Acres
1940 Built
2 Garage

About This Property

Turnkey West Campus Investment – High Yield, Prime Location
This is a rare opportunity to acquire a fully modernized, cash-flowing asset in the heart of West Campus — one of the most proven and resilient rental markets in the country, fueled by the University of Texas.
Two fully renovated houses on one lot:
Current Leases: $13,600/month through July 31, 2026
And also fully pre-leased for Aug 6 2026 to July 31st 2027 lease at $14,800 per month.
Investment Highlights:
Exceptional Location: Walking distance to UT Austin, Shoal Creek Trail, and Caswell Tennis Center
Immediate Cash Flow: High-quality tenants secured under long-term leases
Built-in Upside: Strong rent growth forecasted for the 2026 leasing cycle
High Demand Asset Class: Large, updated rental houses are in perpetual demand among UT student groups
Robust Fundamentals: Safety, walkability, rental stability, and market appreciation
Summary:
Outstanding income today, significant rent growth tomorrow, and long-term appreciation in one of the nation's most competitive real estate corridors.
This is the highest-yield, lowest-risk asset currently available in West Campus.

Features

  • See Remarks
  • Ceiling Fan(s)
  • High Ceilings
  • Quartz Counters
  • Gas Dryer Hookup
  • Open Floorplan
  • Primary Bedroom on Main
  • Recessed Lighting
  • Stackable W/D Connections

Location

Schools

School District Austin ISD
Elementary Bryker Woods
Middle School O Henry
High School Austin

Property Details

Property Type Residential Lease
Flooring Wood
Cooling Central Air, Multi Units
Heating Central, Separate Meters, See Remarks
Exterior Exterior Steps
County Travis
MLS # 4320011
Garage 2 spaces

Tax Information

Annual Taxes (MLS) $21,800 (2022)

Listing History

MLS# 4320011 55 days
Sep 2, 2022 Off Market
Jul 1, 2022 Listed $2,795

Frequently Asked Questions About 2305 Longview ST # B, Austin TX 78705

When was 2305 Longview ST # B, Austin TX 78705 built?

2305 Longview ST # B, Austin TX 78705 was built in 1940.

How much does 2305 Longview ST # B, Austin TX 78705 cost?

2305 Longview ST # B, Austin TX 78705 sold on September 2, 2022. Contact us for sale price details.

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